The cost of credit in a dollar amount is known as the finance charge on a Truth -in-Lending
Disclosure Statement.

Name: The cost of credit in a dollar amount is known as the finance charge on a Truth -in-Lending Disclosure Statement.
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

The finance charge represents the total dollar amount of interest and fees you pay over the life of a loan, as disclosed in a Truth-in-Lending Disclosure Statement.

The Cost of Credit in a Dollar Amount Is Known